UK allocation for BMW M3 snapped up

For British readers who have been thinking of buying an E92 BMW M3, looks like you won’t be able to do it anytime this year. The 700 cars that have been allocated to the UK market for 2007 have all been snapped up. The average British BMW M3 order included Â£4700 worth of accessories, bringing the average price of each M3 ordered up from the base price of Â£50,625 to Â£55,325. The most popular accessory is the 19 inch alloy wheels, with the next popular being the DAB digital radio.

2008 sales for the UK are expected to be around 2,000 cars, let’s hope production keeps up with demand! BTW click here for two ways how you can get a chance to drive the BMW M3 on the Nurburgring.

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history. An avid electronic gadget aficionado as well as big-time coffee lover, he's also the executive producer of the Driven motoring TV programme.

Actually, some of these 700 cars are bound to still be on sale. They would have been booked by speculators who bank on demand for the cars being so high that they’ll be able to resell them at a premium. They’re basically car scalpers. I’ve actually met a guy who does this as a side business. He started by raising capital to make an early booking for one of the first 996 911s. Now I think he drives a 997 himself. There are lots of rich people who’re willing to pay extra rather than wait out, for example, the five years (!!!) required to receive a Rolls Royce Phantom Drophead Coupe. But it’s far from a risk-free business… speculators have to make bookings months, even years, in advance of the car’s actual launch, and if it turns out to be unpopular for whatever reason (causing other buyers to cancel bookings, thus shortening the wait period), they’d have invested precious time and money in a pointless venture. Sometimes it doesn’t even become clear that a car will fail to command the expected premium until after they’ve taken delivery… in which case they’re properly screwed. I met this guy in 2004, and remember talking to him about the rumours of an Audi supercar. He said some of his colleagues were eager to place bookings, expecting it to be in high demand, but he himself was confident it would fail. Well, can’t be right all the time.

A few years ago, I had a friend in Portsmouth who traveled all the way to Munich to take delivery of his MG TF for something cheaper by a few hundred pounds. Can’t beat that except maybe a stop at Nurburgring. Coz its the EU you see… Would it be possible to do that with an M3? Buying off the allocation for Poland sounds bright.

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